International
Generali Names Interim Chief After Greco Leaves for Zurich
Assicurazioni Generali SpA appointed its Chairman Gabriele Galateri, as acting chief executive officer after CEO Mario Greco decided to quit Italy's biggest insurer to become the head of Zurich ...
Taiwan Arrests Developers of Apartment Building Destroyed in Quake
A Taiwanese court on late Tuesday approved the detention of three people involved in constructing an apartment building that collapsed in a deadly earthquake at the weekend. Lin Ming-hui, the former ...
P/C Net Income Soared in Much of 2015; Investments Remained a Struggle
Property/casualty insurers saw their net income and profitability soar during the first nine months of 2015, though the challenging investment environment reduced yields. Those findings are part of a ...
Report: AIG May Exit At Least 50 Percent of Hedge Fund Investments
American International Group Inc. plans to exit at least half the hedge funds in which the insurer is invested, according to people familiar with the company's portfolio. The insurer has holdings in ...
Cyber, Homegrown Terror Are Top U.S. Security Threats: Intelligence Official
Disruptions in cyberspace and attacks by "homegrown" terrorists are the most imminent security threats facing the United States in 2016, James Clapper, the top U.S. intelligence official, told two ...
Lloyd’s, XL Catlin, Munich Re Among Lemonade’s Reinsurance Backers
Peer-to-peer insurance startup Lemonade said it has signed on several global reinsurers, including Lloyd's of London, XL Catlin and Berkshire Hathaway's National Indemnity. Everest Re, Hiscox and ...
Taiwan Quake Death Toll at 37; More Than 100 Still Missing
The number of confirmed deaths in a weekend earthquake in Taiwan edged up to 37, with the final toll estimated to be much higher as more than a hundred people were still reported missing. Efforts to ...
Southern Taiwan Hit by Magnitude 6.4 Earthquake; Damage Aggravated by Building Configuration: AIR
A magnitude 6.4 earthquake struck southern Taiwan early Saturday, collapsing a 17-story residential block in Tainan City and killing at least 37 people. According to catastrophe modeling firm AIR ...